The Loans Nigeria Does Not Intend To Repay, By ‘Tope Fasua
The truth is that we have a terrible record of loan repayment. With such embedded cultural profligacy, there is no way we will pay back our loans. If we incurred loans all through the 1970s, '80s and '90s and only managed to crawl out on hands and knees in 2006,…
That HSBC Report: Overlooking Progress and Its Inherent Contradictions, By Adeyemi Dipeolu
The first thing that strikes one after reading the report is that the writer downplays positive developments in the Nigerian economy. Every time that the data points to improvements in the Nigerian economy, the writer then immediately makes a negative assessment. I have hesitated to weigh in the media frenzy…
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Politics and Today’s Meeting of the MPC, By Uddin Ifeanyi
It is difficult to see how the CBN’s Monetary Policy Committee (MPC) can continue to hold out against an interest rate hike. If not at this week’s meeting, then very soon, the CBN’s benchmark rate must go up, or (as its the CBN’s wont) find less than market-based ways to…
Shittu, Adeosun and the NYSC, By Festus Adedayo
My take is that Adeosun’s resignation is a great development for our The fact that Shittu’s claim is alien to the NYSC Act makes it necessary that he should also tow the path of honour of the Adeosun kind. Already, there is an underground crusade in Nigeria to do things…
Waiting For God (1), By Femi Aribisala
God is never in a hurry. His wristwatch reads differently from ours, therefore he often seems to forget what time it is. My grand-daughter, Tatianna, asks me a question repeatedly. She says: “Grandpa, how old are you?” When I tell her I am 25 years old, she insists it is…
Elites Have A Responsibility To Elevate Our Food Cultures: Ask Your Grandmothers, By Bunmi Fatoye-Matory
The elites of each Nigerian ethnic group, big and small, must do their best to document, preserve and elevate the traditional food of their people. What are the culinary traditions of the Idoma of Benue, the Chamba of Taraba, the Ebirra of Kogi, the Quanawuri of Plateau, the Izondjo spread…
An Abuja Boy’s Nostalgia for a City In Need of Public Libraries, By Omoniyi Ibietan
In all, we cannot do without befitting public libraries in Nigeria, even in this age of a digital public communication culture, because even in the Western hemisphere where the Internet originates from, their public libraries are still up and running. Can we retrace our steps in a reverse to establish…
Our Victories In the Horn of Africa, By Owei Lakemfa
The icing on that cake was last Sunday’s "Agreement on Peace, Friendship and Comprehensive Cooperation Between the Federal Democratic Republic of Ethiopia and the State of Eritrea" in Jeddah, which brought to a final close, an armed conflict that began in 1961. We are also witnessing peace talks between Djibouti…
Tanzania: Recent Banking Trends and Outlook, By Rafiq Raji
As a proportion of total loans, NPLs rose by almost a percentage point to per cent in December 2017, from percent six months earlier; a deterioration from what was already double the offical cap of 5 per cent. Most recently, though, in April 2018, NPLs to gross loans stood at…
Who Killed Husain, The Beloved Grandson Of The Prophet (Peace Be Upon Him)?, By Murtadha Gusau
I Begin With The Name Of Allah, The Most Merciful, The One Who Bestows Mercy Alhamdulillah. Indeed, all praise is due to Allah. We praise Him and seek His Help and forgiveness. We seek refuge in Allah from our soul's evils and our wrong doings. He whom Allah guides, no…
